Laws, Regulations & Policy Limit Up to 2,000 Euros for Greeks Going Abroad by GTP editing team 27 July 2015 by GTP editing team 27 July 2015 Greeks traveling abroad will be able to take 2,000 euros for their travel needs, but the ban on cash withdrawals from banks in Greece and abroad via credit or prepaid … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greek VAT Scheme Seeking 2.4bn Euros May Take Toll on Tourism by GTP editing team 27 July 2015 by GTP editing team 27 July 2015 The Greek government aims through last week’s decision to implement tax hikes across the board to bring a total of 2.4 billion euros to state coffers in the next 18 … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greek Yachting Professionals Up in Arms Over VAT Hike on Charter Fees by GTP editing team 27 July 2015 by GTP editing team 27 July 2015 Greece’s yachting professionals are expressing their grave concerns over the government’s recent decision to increase value-added tax (VAT) to 23 percent on charter fees. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Food Services at Greek Hotels to Be Taxed Cumulatively by GTP editing team 23 July 2015 by GTP editing team 23 July 2015 The General Secretariat of Public Revenues has issued instructions to accommodation professionals on how to calculate the newly introduced value-added tax (VAT) imposed on food services. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greek Parliament Votes in Favor of Second Set of ‘Prior Actions’ by GTP editing team 23 July 2015 by GTP editing team 23 July 2015 Greek Parliament on early Thursday approved a bill containing two more prior actions demanded by Greece’s creditors to start talks for a multibillion euro new bailout. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Effective Dates of VAT Rate Changes for Tourism-related Services in Greece by GTP editing team 21 July 2015 by GTP editing team 21 July 2015 The value-added tax (VAT) rates for many basic goods and services in Greece have increased from July 20, 2015, according to a new law recently published in the Greek Government … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greece to Vote EU Legislation Designed to Prevent Bank Failures by GTP editing team 21 July 2015 by GTP editing team 21 July 2015 Greece is expected to adopt the European Union’s Bank Recovery and Resolution Directive (BRRD) in another set of legislation to be voted in parliament on Wednesday. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greek Banks to Reopen on Monday, €420 Weekly Withdrawal Limit Added by GTP editing team 18 July 2015 by GTP editing team 18 July 2015 The Greek government announced on Saturday that all of the country’s banks will open on Monday, July 20, after a three-week “bank holiday”. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greek Prime Minister Reshuffles Cabinet by GTP editing team 17 July 2015 by GTP editing team 17 July 2015 Prime Minister Alexis Tsipras proceeded with a government reshuffle on Friday and replaced lawmakers who had voted against the first set of prior actions demanded by Greece’s creditors on Wednesday. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy EU Approves €7.16 Billion Bridge Loan to Greece by GTP editing team 17 July 2015 by GTP editing team 17 July 2015 The 28 member states of the European Union on Friday approved a short-term emergency loan of 7.16 billion euros to Greece allowing the country to meet a huge payment to … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy South Aegean Prefect Slams Government for Abolishing Reduced VAT Rate on Greek Islands by GTP editing team 17 July 2015 by GTP editing team 17 July 2015 South Aegean Prefect George Hatzimarkos on Thursday slammed the government for agreeing to axe the reduced value-added-tax (VAT) rates that apply on the Greek islands. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy ECB Raises Funding for Greece By €900 Million, Greek Banks Expected to Reopen Next Week by GTP editing team 16 July 2015 by GTP editing team 16 July 2015 The European Central Bank has decided to raise financing through the Emergency Liquidity Assistance (ELA) mechanism for Greece by 900 million euros, ECB president Mario Draghi said during a press … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greek Parliament Votes in Favor of Bailout Deal by GTP editing team 16 July 2015 by GTP editing team 16 July 2015 The Greek Parliament on early Thursday approved an omnibus draft bill which includes the prior actions demanded by Greece’s creditors in exchange for a multibillion euro new bailout. 0 FacebookTwitterLinkedinWhatsappEmail
Destinations news Mayor Kaminis on CNN: Tourism in Athens will ‘Take Off’ if Situation in Greece Returns to Normalcy by GTP editing team 15 July 2015 by GTP editing team 15 July 2015 Tourism in Athens will ‘take off’ if the situation in Greece returns to normalcy, Athens Mayor Giorgos Kaminis told CNN’s Hala Gorani on Tuesday during an interview for the “World … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greek PM: A VAT Hike On Tourism is Irrational by GTP editing team 14 July 2015 by GTP editing team 14 July 2015 Raising the Value Added Tax (VAT) on restaurants and tourism is irrational, Greek Prime Minister Alexis Tsipras said on Tuesday night during an interview to state broadcaster ERT. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Minister Stathakis: Banks in Greece Will Not Open This Week by GTP editing team 14 July 2015 by GTP editing team 14 July 2015 Banks in Greece will open again once the European Central Bank (ECB) resumes its financing through the Emergency Liquidity Assistance (ELA) mechanism, Greek Economy, Infrastructure, Tourism and Shipping Minister George … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Greece’s Third Bailout: Euro Summit Statement by GTP editing team 13 July 2015 by GTP editing team 13 July 2015 Greece has agreed to tough reforms after marathon talks with eurozone leaders in return for a three-year bailout ended in the early morning of July 13. 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Tedious Visa Procedures Sends Turkish Travelers Away From Greece by GTP editing team 13 July 2015 by GTP editing team 13 July 2015 Eastern Macedonia and Thrace Prefect Giorgos Pavlidis recently stated that thousands of tourists are being turned away due to the time-consuming procedure, which is leading to a loss in revenue … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Eurozone Leaders Reach Agreement on Greece by GTP editing team 13 July 2015 by GTP editing team 13 July 2015 “EuroSummit has unanimously reached agreement. All ready to go for ESM program for Greece with serious reforms and financial support”, EU President Donald Tusk tweeted on Monday morning after marathon … 0 FacebookTwitterLinkedinWhatsappEmail
Laws, Regulations & Policy Kountoura Outlines Greek Tourism Policy by GTP editing team 10 July 2015 by GTP editing team 10 July 2015 During her speech at the Economist conference in Athens, Greek Alternate Tourism Minister Elena Kountoura listed the main objectives of the government’s tourism policy and said that the main target … 0 FacebookTwitterLinkedinWhatsappEmail
